AAL Shipping (AAL) has joined the Maritime Anti-Corruption Network (MACN), a global business network dedicated to freeing the maritime industry of corruption and enabling fair trade harmonisation across the world's jurisdictions.
The project heavy-lift carrier said MACN has 190 member companies worldwide and is one of the pre-eminent examples of collective action to tackle corruption in the shipping industry.
"Good governance is critical to AAL's corporate ethics, and we are doing whatever we can to harmonise the strictest Environmental, Social, and Governance (ESG) standards across our operations and global network. In this regard, joining the MACN was a fundamental requirement in protecting the interest of our customers and supply chain partners, no matter where in the world they operate," said Felix Schoeller, director of AAL and member of its Sustainability Committee.
He added that MACN is incredibly proactive in raising standards among its membership to help fight corruption, but also in harnessing its collective power to lobby for change and fair-trade principles.
AAL noted that as part of its sustainability push and good corporate governance, it has also taken a strong position on international sanctions adherence and the harmonization of ethical business conduct across its entire operational network.
"AAL was also the first multipurpose project heavy lift carrier to calculate and employ measures ahead of the January 1st 2024 launch of the European Union Emission Trading Scheme (EUETS)," the carrier said.